SMCI falls more than 9% pre-market on 10-K delay

SMCI falls more than 9% pre-market on the news that the company is to delay the 10-K form for FY2024. Adam posted yesterday on the short-selling research firm Hindenburg alleging "accounting manipulation, sibling self-dealing and sanctions evasion".

This delay just strengthens the Hindenburg's case in the market's view...